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---
type: "Bill"
title: "Public education; economics education and financial literacy."
description: "Requires the Board of Education to include evaluating the economic value of postsecondary studies, including the net cost of attendance, potential student loan debt, and potential earnings, in the Board's objectives for economics education and financial literacy. The bill requires the Board to amend such objectives by July 1, 2018."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2017"
identifier: "SB 1245"
citation: "Virginia SB 1245 (2017)"
classification: ["bill"]
subjects: ["Education"]
status: "enacted"
primary_sponsors: ["Siobhan S. Dunnavant"]
version_count: 3
action_count: 18
vote_count: 7
first_action: "2017-01-10"
last_action: "2017-03-16"
source: "openstates"
source_identifier: "ocd-bill/5b7baf36-20fa-412a-a703-c12e12e75168"
source_url: "http://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+SB1245"
source_hash: "0288237db1169e40736e65e6286fe9f9473814880604cd8ef66a4ce12306b24e"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---
# Virginia SB 1245 (2017) — Public education; economics education and financial literacy.
Requires the Board of Education to include evaluating the economic value of postsecondary studies, including the net cost of attendance, potential student loan debt, and potential earnings, in the Board's objectives for economics education and financial literacy. The bill requires the Board to amend such objectives by July 1, 2018.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Governor: Acts of Assembly Chapter text (CHAP0522)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+CHAP0522)
2. **Senate: Bill text as passed Senate and House (SB1245ER)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+SB1245ER)
3. **Senate: Prefiled and ordered printed; offered 01/11/17 17102790D** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+SB1245)
## Votes
- Subcommittee recommends reporting with amendments — **80** (pass) · legislature
- Constitutional reading dispensed — **390** (pass) · legislature
- House amendments agreed to by Senate — **400** (pass) · legislature
- Reported from Education with amendments — **220** (pass) · legislature
- Read third time and passed Senate — **400** (pass) · legislature
- Passed House with amendments BLOCK VOTE — **990** (pass) · legislature
- Reported from Education and Health — **150** (pass) · legislature
## Sponsors
- Siobhan S. Dunnavant — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-01-10** Prefiled and ordered printed; offered 01/11/17 17102790D `introduction`
- **2017-01-10** Referred to Committee on Education and Health `referral-committee`
- **2017-01-30** Read second time and engrossed `reading-2`
- **2017-02-03** Placed on Calendar
- **2017-02-03** Read first time `reading-1`
- **2017-02-03** Referred to Committee on Education `referral-committee`
- **2017-02-07** Assigned Education sub: Education Innovation `referral-committee`
- **2017-02-16** Read second time `reading-2`
- **2017-02-17** Read third time `reading-3`
- **2017-02-17** Committee amendments agreed to
- **2017-02-17** Engrossed by House as amended
- **2017-02-17** Passed House with amendments BLOCK VOTE (99-Y 0-N) `passage`
- **2017-02-24** Enrolled
- **2017-02-24** Signed by President
- **2017-02-24** Signed by Speaker
- **2017-02-28** Enrolled Bill Communicated to Governor on 2/28/17
- **2017-02-28** Governor's Action Deadline Midnight, March 27, 2017
- **2017-03-16** Approved by Governor-Chapter 522 (effective 7/1/17) `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5b7baf36-20fa-412a-a703-c12e12e75168`. Confidence: reported (aggregated from official Virginia legislature records).